February 16, 2011 Sell American. Buffett Is.When contrasted against yesterday’s penchant for deal making these activities, or lack thereof, strongly suggest that Buffett is becoming bearish on equities.

November 5, 2010 Bernanke Dares The WorldI the U.S. economy remains weak for some time, traditional inflationary pressures may seemingly stay at bay even as the foundations that support the dollar continue to be undermined by unsound monetary and fiscal machinations. Currency collapses are not forecasted by the monthly inflation readings, but instead tend to erupt from the guise of dormancy all at once.

Auguat 6, 2010 Until Debt Does Them PartMany today think that Keynesian thought has reached its limits and contend that USD hegemony has entered its final countdown. But few even attempt to offer a precise depiction of how transference to a new monetary regime will unfold.

Jan 8 Some Notes For All The Super-bears Out There In Internet LandJan 7, 2010 2010 Preview: The Wonderful Wizard of USDBefuddled by Bernanke’s art of misdirection, there is a widespread acceptance that if Bernanke didn’t do what he did, things would be much, much worse. Quite frankly, the only statement deemed significant by the believing and bewildered crowd is, ‘The financial system would have collapsed without the Fed!’ All this despite the fact that a discerning observer can see that Bernanke is dealing cards from the bottom of the deck.

January 6, 2009 2009 Outlook: Angling For A RecoveryUnwilling to let the free market work, U.S. policymakers have adopted the audacious goal of trying to kick-start a deeply flawed financial system; a system grounded upon unsustainable increases in asset prices and debt. Not unlike the 2003 ‘recovery’ that was backed by cheap money and regulatory neglect, these policies are destined to fail.

November 28, 2008 After General Bernanke Destroys The Deflationary ThreatPerhaps all that can be assured amidst this buildup of uncertainty is that the only global currency that doesn’t represent the increasing liabilities of governments, gold, will benefit if current trends persist.

September 8, 2008 Paulson’s Exit StrategyWith Paulson to step down in January 2009 the GSE mess will be left on someone else’s desk.

September 3, 2008 The Big Question...for the first time since November 2003 payrolls shot lower on year-over-year basis in July, and historically such an occurrence marks the beginning of an ominous trend.

September 4, 2007 The School of Hard Work Or Habituated Hand-Outs?Big Brother will continue to let the children play, fight, and throw tantrums, all the while looking down with a false sense of responsibility emblazoned on their borrowed Chinese made shirts.

September 11, 2006 And the Award Goes To…With the US housing market building towards what could be a momentous bust, who will be remembered as the Henry Blodget or Abby Joseph Cohen of the US real estate bubble 5-years from now? There can be only one.

January 26, 2007 Bears Wait for the Dam To BreakBeing wrong about short-term movements in stock prices is not the same thing as losing money. Those that did well in the late 1990s as well as in 2000, 2001, and 2002 (three devastating years for stocks) were those that never bought into the idea that stocks were in a new paradigm, and those that will likely do well in the years ahead are those that chose not to chase rising asset prices today.

January 17, 2007 Liquidity Dilutes!Can inflationist US monetary policies continue without jarring consequences if capital no longer places a premium on US assets?

December 20, 2006 With Liquidity The Overriding Story Thematic Mariners BewareAs potentially dangerous amounts of liquidity in the marketplace congeal with a profound air of contradiction, attempting to smell out big theme opportunities is akin to trolling an overfished river at high noon: both the timing and location are unlikely to yield a catch.

August 16, 2006 The Long-Term Consequences of The Long-Term BailoutIt is going to take another LTCM before the regulatory window of opportunity opens. The hope is that by then the working group on financial markets will be more concerned with the long-term integrity of the financial markets than about orchestrating another band-aid bailout.

March 6, 2006 Once upon a time the COT ruledSince the current gold bull began in 2002 – or when the price of gold finally held above $300 an ounce - the Commitments of Traders report (COT) has been a crystal ball.

January 10, 2003 The Unwinding of a Once Energized ConsumerThe Stimulus brothers, Greenspan and Bush, may be able to keep the U.S. economy afloat a little bit longer. However, can any amount of stimuli stop the U.S. economy from soon sinking back into a consumer led recession?

September 2, 2003 The Hashimoto FactorThe United States needs foreign investment now more than ever before, and this is unlikely to change at any point in the foreseeable future. The U.S. economy and the bubbles inherent to its financial markets are only sustainable so long as foreign capital (and those who control it) is placated.

August 7, 2002 Even After Enron Change Comes Slowly, If At AllIt is time for investors to worry that since Enron and Worldcom imploded nothing has really changed: the tough regulatory changes that are needed to ensure companies report clear and honest financial results under simple GAAP have not yet arrived, and cannot be seen coming on the horizon.

July 8, 2002 The Great Gold Conspiracy Has No End GameThose that are skeptical of the great gold conspiracy need only ask themselves one question: is there a better way for central banks to successfully market their brand of money than to wipe out the competition?

March 9, 2001 Abby Ignores Ominous P/E PatternsThose analysts currently making bullish claims on equities do not quantify their predictions based on earnings. What the analysts do is provide a deterministic bull market model; biased theory grounded on the notion that investors will ultimately increase their risk premiums.

December 19, 2000 Read The Writing On Wall Street – RecessionThe Dow Jones Industrial Average is the most exposed major grouping of stocks on the planet to a recessionary environment, and the fallout is just around the corner.

October 23, 2000 Unearned EarningsAs is often the case during a financial mania, people can be seen to euphorically clamor over statistics and economic indicators without inquiring into how those numbers were themselves generated.